Business
Shanghai sets sights on offshore finance expansion in new Five-Year Plan - February 12, 2026
Shanghai is intensifying its bid to become a global financial center. In the 15th Five-Year Plan (2026–2030), local officials said the city will prioritize financial market internationalization and aggressive offshore financial services expansion.
15th Five-Year Plan: sci-tech innovation, industrial upgrade among key city sectors - February 11, 2026
Shanghai will steer investment toward sci-tech innovation, industrial upgrading, urban renewal and livelihood improvement during the 15th Five-Year Plan period (2026-30), guaranteeing high-quality development to consolidate the city's role as a global center for economy, trading, finance, shipping and sci-tech innovation.
Invoice lottery scheme launched for shoppers, travelers - February 11, 2026
An invoice lottery scheme will be launched across multiple cities in China for shoppers and travelers who spend on retail, dining, or accommodations.
China's AI chip sector charges ahead - February 11, 2026
A wave of initial public offerings is sweeping China's graphics processing unit, or GPU sector, marking a critical phase in the nation's push for self-reliance in advanced computing power.
Nianhuo revenue galloping in with Year of Horse - February 11, 2026
With the Year of the Horse just around the corner, people in Shanghai are busy stocking up on nianhuo, or New Year's goods, that families traditionally prepare ahead of Spring Festival — including foodstuffs, clothing, home decor, and gifts for relatives and friends.
Streamlined refinancing set to boost tech funding - February 11, 2026
The optimized refinancing measures recently unveiled by three major Chinese stock exchanges will help direct resources more precisely to quality companies and better nurture technological innovation, said experts and market mavens.
China backs Shanghai's push for global green shipping hub status - February 11, 2026
What starts as food waste at Shanghai's Laogang Renewable Resource Recycling Center could soon help power ocean-going vessels, as China throws its weight behind the city's push to build a global hub for low-carbon shipping.
Hongqiao leads Shanghai in cross-border e-commerce with smart digital supervision - February 10, 2026
Hongqiao International Central Business District has become Shanghai's top performer in cross-border e-commerce.Backed by a nationally pioneered "multi-chain collaborative" embedded digital supervisio
World's first 'offshore wind direct-linked' underwater data center goes online in Shanghai - February 10, 2026
The world's first underwater data center directly connected to offshore wind power has started operation in Shanghai's Lingang Special Area.
Minhang action plan aims to create a world-class business environment - February 10, 2026
Minhang is enhancing its business environment, and the Grand neoBay science and technology hub is making significant progress.
